Avance Technologies Ltd — Important, 10-10-2025: Company Update
10-10-2025 | 01:50 pm
10-10-2025 | 01:50 pm
Avance Technologies' Registrar and Share Transfer Agent (RTA) confirmed compliance with dematerialization rules for the quarter ending September. The RTA processed all securities received from depository participants, ensuring they were confirmed or rejected, and physical certificates were cancelled after verification. Depositories' names were substituted in the register of members within timelines. Notably, there were NIL shares dematerialized during the quarter. This update assures shareholders that the company maintains proper procedures for handling electronic share transfers and record-keeping, with minimal activity in converting physical shares to electronic form this period.
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